Grains – Jeff Kaprelian Grains finished mostly lower today. U.S. Trade Representative Robert Lighthizer gave testimony to the House Ways and Means Committee earlier today. He said the U.S. and China still have a lot of work ahead to iron out a trade agreement. He also said that we’ll have…
Author: Jeff Kaprelian
Afternoon Grain and Cattle Recap
Grains – Jeff Kaprelian Grains finished mixed with soybeans higher and corn and wheat lower. Beans had an early jump and traded about a dime higher than they settled after optimism over the Chinese trade deal. President Trump delayed the March 1st deadline over the weekend, and China committed to…
Afternoon Grain and Cattle Recap
Grains – Jeff Kaprelian Grains finished mixed after an early rally fueled by bullish demand numbers at the USDA Outlook Forum. Dan detailed those earlier today so I won’t repeat them here. Wheat maintained strength on stronger than expected exports during the government shutdown. Other news occurring during the session…
Afternoon Grain and Cattle Recap
Grains – Jeff Kaprelian Grains finished solidly higher after an overnight story that said China would buy an additional $30 billion worth of U.S. ag products. This came as reports said the two countries have started to outline commitments to each other regarding the tense items on the negotiation list….